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I need Accounting help please Bonds Issued at a Premium (Effective Interest) Haley Industries issued $120,000 of 11% 7-year bonds on December 31, 2013, with
I need Accounting help please
Bonds Issued at a Premium (Effective Interest) Haley Industries issued $120,000 of 11% 7-year bonds on December 31, 2013, with a $5,842 pre Required: Interest is paid annually on December 31 The market rate ofiteret 10 Hide Prepare the amortization table using the effective interest rate method. If an amount box does not require an entry, leave it blank or enter "0". If required, round your answers to the nearest whole dollar Haley Industrias Amortization Table Period Cash Payment (Credit) Interest Expense (Debit) Premium on Bonds Payable (Debit) Premium on Bonds Payable Balance Carrying Value At issue 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20
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